Walmart Raises FY24 Revenue Growth Outlook from 3.5% Earlier to 4% - 4.5% Vs. $636.44B Estimate
Portfolio Pulse from Benzinga Newsdesk
Walmart has increased its FY24 revenue growth outlook from 3.5% to 4% - 4.5%, compared to the previous estimate of $636.44B.
August 17, 2023 | 11:06 am
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POSITIVE IMPACT
Walmart's revised FY24 revenue growth outlook could potentially lead to a positive impact on its stock price.
Walmart's upward revision of its FY24 revenue growth outlook indicates a stronger financial performance than previously expected. This could increase investor confidence and potentially drive up the stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100